Central Bank Act, 1998

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Number 2 of 1998


CENTRAL BANK ACT, 1998


ARRANGEMENT OF SECTIONS

PART I

Preliminary and General

Section

1.

Short title, construction and commencement.

2.

Interpretation.

PART II

European System of Central Banks and European Central Bank

3.

Amendment of section 5 of Act of 1942.

4.

General powers of Bank.

5.

Amendment of section 6 of Act of 1942.

6.

Amendment of section 7 of Act of 1942.

7.

Removal of Governor.

8.

Furnishing of information to Bank.

9.

Minimum reserves.

10.

Disclosure of information to European Central Bank.

11.

Auditing of accounts of Bank.

12.

General fund.

13.

Amendment of section 24 of Act of 1989.

14.

Amendment of section 5 of Decimal Currency Act, 1969.

PART III

Miscellaneous

15.

Amendment of section 44 of Act of 1971.

16.

Amendment of section 118 of Act of 1989.

17.

Functions and duties of Governor.

18.

Amendment of section 26 of Act of 1997.

19.

Amendment of section 134 of Act of 1989.

20.

Amendment of section 15 of Act of 1989.


Acts Referred to

Central Bank Act, 1942

1942, No. 22

Central Bank Act, 1971

1971, No. 24

Central Bank Act, 1989

1989, No. 16

Central Bank Act, 1997

1997, No. 8

Central Bank Acts, 1942 to 1997

Currency Act, 1927

1927, No. 32

Decimal Currency Act, 1969

1969, No. 23

Insurance Act, 1989

1989, No. 3

Investment Intermediaries Act, 1995

1995, No. 11

Stock Exchange Act, 1995

1995, No. 9

European Communities (Licensing and Supervision of Credit Institutions) Regulations, 1992

S.I. No. 395 of 1992

Central Bank of Ireland (Surplus Income) Regulations, 1943

S.I. No. 93 of 1943

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Number 2 of 1998


CENTRAL BANK ACT, 1998


AN ACT TO MAKE PROVISION FOR THE MEMBERSHIP OF THE CENTRAL BANK IN THE EUROPEAN SYSTEM OF CENTRAL BANKS AND TO AMEND AND EXTEND THE CENTRAL BANK ACTS, 1942 TO 1997, AND TO PROVIDE FOR RELATED MATTERS. [18th March, 1998]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: